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Danish Unomedical to get Sk136 million in investment stimuli

THE COPENHAGEN-based company Unomedical will receive state investment stimuli of Sk136 million (€3.63 million) for its new plant in Michalovce (Košice region), which represents 38.9 percent of the Sk350 million that the Danish company pledged to invest.

The agreement between the Economy Ministry and the company, which produces disposable sterile medical materials and instruments, also says that Slovakia will support each new job that Unomedical creates with a subsidy of Sk247,273. The company plans to employ 550 people in several stages, the TASR news wire wrote.

The amount of direct state support should reach Sk110 million, while the other Sk26 million will come in the form of tax breaks.

There is also a plan to link the plant with the town of Michalovce via new infrastructure at a cost of around Sk50.9 million.

Unomedical employs around 4,000 people in its factories in the EU, Australia, Mexico, and Asia. The factory in Michalovce is to become its biggest single plant.

Compiled by Beata Balogová from press reportsThe
Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

19. Apr 2006 at 12:18

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